Mohawk Industries (NYSE:MHK) Insider Suzanne Helen Sells 300 Shares of Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 300 shares of Mohawk Industries stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $123.89, for a total transaction of $37,167.00. Following the completion of the transaction, the insider directly owned 67,593 shares of the company’s stock, valued at approximately $8,374,096.77. This trade represents a 0.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Mohawk Industries Price Performance

Shares of NYSE MHK opened at $113.92 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The company has a market cap of $7.00 billion, a PE ratio of 19.24, a price-to-earnings-growth ratio of 1.89 and a beta of 1.19. Mohawk Industries, Inc. has a twelve month low of $96.24 and a twelve month high of $143.13. The business’s 50 day moving average price is $121.44 and its two-hundred day moving average price is $121.15.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings data on Thursday, February 12th. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.02. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. On average, analysts predict that Mohawk Industries, Inc. will post 9.8 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MHK. Wolfe Research downgraded shares of Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Evercore set a $143.00 price target on shares of Mohawk Industries in a research report on Tuesday, February 17th. Jefferies Financial Group dropped their price objective on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a research note on Monday, December 15th. Barclays set a $121.00 target price on shares of Mohawk Industries in a research note on Monday, December 8th. Finally, Robert W. Baird set a $156.00 price target on Mohawk Industries in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $137.64.

Institutional Trading of Mohawk Industries

Several hedge funds have recently made changes to their positions in MHK. Root Financial Partners LLC bought a new stake in Mohawk Industries in the 3rd quarter valued at about $25,000. Bayforest Capital Ltd purchased a new stake in shares of Mohawk Industries during the 4th quarter valued at approximately $27,000. MTM Investment Management LLC bought a new position in Mohawk Industries in the 2nd quarter worth approximately $28,000. Global Retirement Partners LLC grew its stake in Mohawk Industries by 950.0% in the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after buying an additional 228 shares in the last quarter. Finally, Transamerica Financial Advisors LLC raised its holdings in Mohawk Industries by 216.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after acquiring an additional 188 shares during the period. 78.98% of the stock is currently owned by institutional investors.

About Mohawk Industries

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.